Emerging Market investors rejoice in political changes in Brazil and Argentina

Emerging market investors rejoiced in recent political movements in South America's larger markets of Brazil and Argentina.

The vote in the lower House on Sunday to impeach Brazilian President Dilma Rousseff and Argentina's first bond offering since the new government took power under President Mauricio Macri were seen as major shifts in the investing landscape.

The most recent shift in positive investment due to political change was in 2014, with the ascension of Narendra Modi in India and Joko Widodo in Indonesia caused shares to rise 20 per cent before and after the election while even other emerging markets suffered.


Read more at the Wall Street Journal.